America’s life insurers have always been there to help people during tough times. It started 175 years ago with providing support when a loved one passed away. Today, they continue to help families protect what matters most through good times and bad.
Many are surprised to learn that life insurers offer a wide range of products that empower Americans to protect themselves and those they love through all stages of life. People can obtain coverage through the retail market or their workplace, offering them important pathways to secure financial and retirement security.
Here are some of the guaranteed products that life insurers offer.
Life insurers paid out $89.1 billion in life insurance benefits in 2023.
Life insurers paid out $104.1 billion in annuity benefits in 2023.
Life insurers paid out $20.3 billion in disability income insurance benefits in 2023.
Life insurers paid out $9.6 billion in long-term care insurance benefits in 2023.
In under 90 seconds per video, ACLI explains the products that contribute to American families' financial security.
